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    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

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    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

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    Providus Bank Exceeds CBN Recapitalisation Requirements, Capital Base Hits ₦65 Billion

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    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

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    Deep Capital Approves Capital Increase, Restructuring Plnn

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    CBN Bars Large Loan Defaulters from New Credit and Guarantees

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    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

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    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

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    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

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    CWG Plc Proposes 70 Kobo Dividend as 2025 Revenue Grows 41%

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    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

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    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Shell Confirms Ongoing Exit from South Africa

    Shell Confirms Ongoing Exit from South Africa

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    Legend Internet Plc to Merge with Spectranet Limited

    Legend Internet Plc to Merge with Spectranet Limited

    British Airways launches free Starlink Wi-Fi – first UK airline to offer super-fast internet in the skies

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    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

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    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

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    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

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    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

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    GTCO Announces Final Dividend of ₦11.76, Lifting Total Payout to ₦12.76 for FY 2025

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    CWG Plc Proposes 70 Kobo Dividend as 2025 Revenue Grows 41%

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    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

    FG Lifts Fuel Import Ban Despite Dangote’s Warnings as NMDPRA Issues Six New Licences

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    Nigeria’s capital market is set to adopt a T+1 settlement cycle from May 29

    Shell Confirms Ongoing Exit from South Africa

    Shell Confirms Ongoing Exit from South Africa

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Breaking: US House Speaker Kevin McCarthy voted out of office

Tuesday, 3 October 2023, 11:18 pm
in News, Nigeria
0
Breaking: US House Speaker Kevin McCarthy voted out of office
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Republican Kevin McCarthy has been voted out of the US House Speakership seat on Tuesday.

The 55th speaker of the House of Representatives was removed in a vote brought by rebels in the Republican party.

Also read; Supreme Court sets date for hearing Nnamdi Kanu’s case

Kevin McCarthy became the first speaker, a position second in line from he presidency in the federal hierarchy to be ousted in US history.

He won the Speakership of the United States of America’s House of Representatives in January with 216 votes out of the 418 votes cast in the 15th ballot.

It took four days and 15 votes, the longest the chamber had gone without a leader in a century to get McCarthy elected.

McCarthy had won only after reaching a deal filled with many promises with the House Freedom Caucus, a group of ultra conservative Republicans led by Rep. Matt Gaetz, R-Fla.

Rep. Matt Gaetz, R-Fla., introduced a measure against McCarthy known as a motion to vacate on Monday night, accusing him of breaking promises he made to win the speaker’s gavel in January.

Eight Republicans voted with every present Democrat to vacate the speaker’s chair. The final vote was 216 to 210 in favor of McCarthy’s ouster.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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